Why an Investment Bank Remains Bullish on Microsoft (MSFT)

Investment bank Cantor Fitzgerald remained upbeat on Microsoft Corporation (NASDAQ:MSFT) in a recent note to investors, highlighting what it sees as the tech giant’s significant progress in AI.

Cantor kept a $512 price target and an Overweight rating on the name.

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Bullish on Microsoft Corporation (NASDAQ:MSFT)’s Agentic AI Initiatives

Cantor believes that the tech giant will soon be seen as a leader in agentic AI, based on products within the latter sector that it recently unveiled.

For example, the investment bank was pleased by the tech giant’s introduction of multiple agents to its M365 Copilot and Copilot Studio products.

Meanwhile, Azure, MSFT’s cloud-infrastructure unit, is producing AI apps, agents, and management tools, Cantor reported.

Other Projects Applauded by Cantor

Microsoft Corporation (NASDAQ:MSFT)’s launch of a coding agent and its introduction of new large-language models were also greeted enthusiastically by Cantor. MSFT’s AI tools are expected to help developers,  the investment bank added.

While we acknowledge the potential of MSFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MSFT and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.